Replies to post #20705 on DNA Brands Inc (DNAX)

[JRF21]

I Agree 100%.. not gonna buy any more until I get something. Blind faith is not a good way to invest

[Ed the Trader]

"I'm still pissed that Mel hasn't publicly announced anything close to a positive outlook."

Perhaps, he has not expressed a positive outlook because there is not yet anything to cause him to have a positive outlook.

I think that once financiers recover their cash against outstanding debts through the sale of additional shares (which almost certainly drove last week's spike in volume along with the three previous spikes approximately every 45 days), then there may be some reason to become positive.

Once the current debt is cleared, there may be an opportunity to gain additional financing to move the company forward. One has to figure that if it was possible to obtain additional financing with the existing debt load, DNA management would have obtained that financing months ago because in theory, they've working on that for about five months.